This document discusses managing technical debt in software development. It defines technical debt as increasing complexity in a system from changes without maintaining structure. There are different types of common technical debts, such as developer effectiveness, observability, scalability, fault tolerance, architectural flexibility, and security. The document provides examples of questions to evaluate debts in each area. It advocates strategically taking on some debt by making APIs extensible and having sufficient testing. Overall, it recommends measuring and monitoring debt levels, and scheduling regular time to refactor and improve code quality.